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11 sats \ 4 replies \ @om 7 Dec 2022 \ on: RGB Blackpaper bitcoin
I increasingly doubt that this is real. They can't escape the chain using single-use seals because those are provided by the chain. Statechains are just trying to do a single NFT and even they require a trusted party.
I mean it is real. There's Iris wallet which lets you test RGB NFTs live on mainnet now.
But boy is it not an easy process to send an NFT without a third party involved. Look into how the images itself are transfered between the parties.
They claim a lot and since a long time so there's every reason to doubt this will ever be as easy as sending a regular transaction. How limited RGB smart contracts are is also a topic of discussion.
The fact Lightning Labs basically built an RGB-fork is proof enough that they think it's viable too.
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By "real" I don't mean having a wallet. I mean being properly protected against double spending.
But boy is it not an easy process to send an NFT without a third party involved.
Can you do it at all? And if yes, can you send an NFT to Alice, restart from where you were and send the same NFT to Bob?
The fact Lightning Labs basically built an RGB-fork is proof enough that they think it's viable too.
Lightning Labs also says that their Neutrino SPV protocol is super private because instead of telling your address to the server you only have to name the blocks your address is mentioned in. As if it's difficult to find out your address from this information.
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As I understand and see it, you cannot double spend tokens or NFTs on Iris Wallet
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But can you copy your Iris Wallet on a different machine, can't you? If everything else fails, you could always clone the drive.
And if you can do that, then one machine can send the NFT to Alice and another can send it to Bob. They don't know about each other. If they do though then they must have contacted some third party (which?).
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